PUBLIC LAW 101-644—NOV. 29, 1990 104 STAT. 4669 (1) in paragraph (2), by striking subparagraph (A) and redesignating subparagraphs (B) through (I) as subparagraphs (A) through (H), respectively; (2) by striking "and" at the end of paragraph (1); (3) by striking the period at the end of paragraph (2) and inserting "; and'; and (4) by inserting after paragraph (2) the following: "(3) a Museum of American Indian and Alaska Native Arts, which shall be under the direction of the President of the Institute.". SEC. 503. TRANSFER OF FUNCTIONS. Section 1514 of the American Indian, Alaska Native, and Native Hawaiian Culture and Art Development Act (20 U.S.C. 4421) is amended— (1) by striking subsections (d), (e), and (f); and (2) by adding at the end the following new subsection (d): "(d) FORGIVENESS OF AMOUNTS OWED; HOLD HARMLESS. —(1) Subject to paragraph (2)— "(A) the Institute shall be responsible for all obligations of the Institute incurred after June 2, 1988, and "(B) the Secretary shall be responsible for all obligations of the Institute incurred on or before June 2, 1988, including those which accrued by reason of any statutory, contractual, or other reason prior to June 2, 1988, which became payable within two years of June 2, 1988. "(2) With respect to all programs of the Federal Government, in Reports, whatever form or from whatever source derived, the Institute shall only be held responsible for actions and requirements, either administrative, regulatory, or statutory in nature, for events which occurred after July 1, 1988, including the submission of reports, audits, and other required information. The United States may not seek any monetary damage or repayment for the commission of events, or omission to comply with either administrative or regulatory requirements, for any action which occurred prior to June 2, 1988.". SEC. 504. COMPLIANCE WITH OTHER ACTS. Section 1517 of the American Indian, Alaska Native, and Native Hawaiian Culture and Art Development Act (20 U.S.C. 4424) is amended by adding at the end the following: "(c) OTHER FEDERAL ASSISTANCE.— Funds received by the institute pursuant to this Act shall not be regarded as Federal money for purposes of meeting any matching requirements for any Federal grant, contract or cooperative agreement.". SEC. 505. ENDOWMENT PROGRAMS. Section 1518 of the American Indian, Alaska Native, and Native Hawaiian Culture and Art Development Act (20 U.S.C. 4425) is amended to read as follows: "SEC. 1518. ENDOWMENT PROGRAMS. "(a) PROGRAM ENHANCEMENT ENDOWMENT.— "(1)(A) From the total amount appropriated for this subsection pursuant to section 1531(a), funds may be deposited into a trust fund maintained by the Institute at a federally insured banking or savings institution.
�
